Framingham is the most populous town in Massachusetts. Framingham, the community, is a unique blend of urban and rural qualities. A vibrant retail area along Route 9 lies close by the Town Common and quiet residential areas with a variety of housing opportunities. Framingham offers excellent public services; a well-respected school system and a full-service community teaching hospital.
The Framingham real estate market is growing rapidly. New homes are being built in Framingham at a staggering
pace. Much of this Framingham real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Framingham and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Framingham has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Framingham homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Framingham's real estate market remain sound
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